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hollysys automation technolo (46H) Details

Hollysys Automation Technologies Ltd. provides automation and control technologies and products to customers in industrial, railway, subway, nuclear power, building retrofit, and mechanical and electronic industries primarily in the People’s Republic China, Hong Kong, Southeast Asia, and the Middle East. The company offers industrial automation solutions, including third-party hardware-centric products; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages, such as real-time management information system, HolliAS asset management system, operator training system, HolliAS BATCH application package, HolliAS advanced process control package, and safety instrumentation system. It also provides train control center (TCC) that monitors route condition, track status, train schedules, distance between trains, and the working status of other function devices; and automation train protection, which acts as the train over-speed protection mechanism that collects real-time information. In addition, the company offers HOLLiAS-NMS proprietary control systems for non-safety operation control in nuclear power industry; surveillance control and data acquisition system, an open software platform that enables the integrated and unified monitoring of sub-systems of the subway; and subway supervisory and control platforms. Further, it is involved in the manufacture and sale of medical automation equipment; research and development activities; and provision of integrated automation products, integrated construction and installation services, mechanical and electrical solutions, and installation services. The company was formerly known as HLS Systems International Ltd. and changed its name to Hollysys Automation Technologies Ltd. in July 2009. Hollysys Automation Technologies Ltd. was founded in 1993 and is headquartered in Beijing, the People’s Republic China.

hollysys automation technolo (46H) Key Developments

Hollysys Automation Technologies, Ltd. announced that it signed a significant contract to provide Automatic Train Protection (ATP) equipment and system for high-speed trains in 200-250km/h and 300-350km/h respectively, valued at approximately RMB 118.7 million or USD 19.4 million. The delivery of the products is expected to be finished by October 2015.

Hollysys Automation Technologies, Ltd. announced that it won the contract to supply its proprietary supervisory control and data acquisition system (SCADA) to Lanzhou Subway Line 1, valued at approximately USD 12.26 million or RMB 75.0 million. Lanzhou Subway Line 1 is the first line constructed in Lanzhou, including 1 control center with 18 stations and 25.9 km in total length. The trial operation is scheduled in January 2017. Hollysys is contracted to provide SCADA system based on its proprietary MACS-SCADA software platform, including software platform, system design, application development, hardware integration, installation, testing, maintenance and services.

Hollysys Automation Technologies, Ltd. announced that it has won the contract to supply its proprietary supervisory control and data acquisition system (SCADA) to Shenzhen Subway Line 11, valued at approximately USD 21.26 million or RMB 130 million. Shenzhen Subway Line 11 is an airport express line, connecting Futian, Nanshan, and Baoan Districts, with 18 stations and 51.9 km in total length. The trial operation is scheduled in June 2016. Hollysys is contracted to provide SCADA system based on its proprietary MACS-SCADA software platform, including software platform, system design, application development, hardware integration, installation, testing, maintenance and services. Hollysys will also provide its proprietary LM PLC to its PSCADA (Power SCADA) and apply total solution based on its previous successful experience in Beijing, Guangzhou, Shenzhen subway lines to ensure local customers' needs and design requirements as well as technology application are satisfied overall.

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